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Property profile & analytics
FOR SALE
Warehouses

2380 S Patterson Rd Shelbyville, MI 49344

1,716 SF 0.24 ac lot Built 2001
Individually Owned 1-yr Hold Free & Clear
Property ID
US43-2091560
Property summary
AI-generated overview

This 1,900 square foot industrial building in Shelbyville, Michigan, presents a unique investment opportunity. Located at 2380 S Patterson, the property boasts a highly desirable location within walking distance of a bank, grocery store, Gun Lake launch site, and a park. The 0.04-acre lot includes a valuable 14-foot easement providing convenient access to boat docking or direct park access, offering stunning lake views. The building's versatility allows for a range of potential uses, subject to township approval. This makes it ideal for entrepreneurs seeking a flexible space. The property is situated in Allegan County and importantly, allows for short-term rentals, expanding income potential. The asking price is $375,000, and the seller is exclusively considering all-cash offers or pre-approved financing. This prime location, combined with the building's adaptability and the added benefit of lake access, makes this an exceptional opportunity for a savvy investor. The convenience of nearby amenities further enhances its appeal. Serious inquiries only, with proof of funds readily available.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2001
Total area 1,716 SF
Lot 0.24 ac (10,629 SF)
APN 15-500-026-00
UPID US43-2091560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joseph Hancock · 1 yrs held
Joseph Hancock
since 2025
Last sale
$44,000
4 recorded transactions
2025
$22,000
2022
Price N/A
2022
$44,000
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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